Hope to Prosper

Simple Practices that Lead to Wealth

4 Important Lessons on Investing

Investing /

MySpace, king of the social networks just a few short years ago, sold for a paltry $35 million this week. News Corp. bought MySpace for $580 million in 2005, which pencils out to a 94% loss. I won’t invest in Facebook, Twitter or most other online businesses and here are 4 important reasons why.